Wi-LAN (OTCMKTS:QTRHF) Shares Down 1% - Time to Sell?

Key Points

• Shares fell 1% to $1.01 on Wednesday on very thin trading — only ~1,300 shares changed hands, down about 89% from the average daily volume.
• Q1 results missed expectations: EPS of ($0.29) vs. consensus ($0.02) and revenue $38.46M vs. $39.65M, with a negative ROE of 45.4% and a net margin of -35.06%.
• Wi‑LAN has a market cap of ~$120.2M, a negative P/E (-2.20), low leverage (debt/equity 0.03) but tight liquidity (quick ratio 0.90, current ratio 0.99), and is trading above its 50‑ and 200‑day moving averages ($0.81 / $0.74).

Wi-LAN Inc (OTCMKTS:QTRHF - Get Free Report)'s share price dropped 1% on Wednesday . The company traded as low as $1.01 and last traded at $1.01. Approximately 1,300 shares traded hands during trading, a decline of 89% from the average daily volume of 11,449 shares. The stock had previously closed at $1.02.

Wi-LAN Stock Performance

The stock has a market cap of $120.19 million, a price-to-earnings ratio of -2.20 and a beta of 0.91. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.90 and a current ratio of 0.99. The stock's 50-day simple moving average is $0.81 and its two-hundred day simple moving average is $0.74.

Wi-LAN (OTCMKTS:QTRHF - Get Free Report) last released its earnings results on Monday, March 23rd. The company reported ($0.29) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.27). The firm had revenue of $38.46 million for the quarter, compared to analyst estimates of $39.65 million. Wi-LAN had a negative return on equity of 45.40% and a negative net margin of 35.06%.

About Wi-LAN

Wi-LAN Inc, trading on the OTCMKTS as QTRHF, is a Canadian technology company specializing in licensing and monetizing intellectual property in the semiconductor and wireless communications sectors. Headquartered in Ottawa, Ontario, the company acquires, develops and licenses patents covering a range of technologies, with particular emphasis on standards-based innovations in cellular networking, Wi-Fi and Internet of Things (IoT) applications. Through patent sales and licensing agreements, Wi-LAN seeks to generate revenue from its extensive portfolio of proprietary technologies.

Originally founded in 1992, Wi-LAN has evolved its business model from technology development to intellectual property management and enforcement.

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